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Month: February 2013

iBusiness iLocal News iWorld News News

Foreign Account Tax Compliance Act (FATCA) worries

Two stories that explain FACTA and why the Cayman Islands is worried The push for global tax transparency – the UK’s son of FATCA From pwc If press rumours are to be believed, the Autumn Statement may see the introduction…

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Cayman Islands Directors Vote For FATCA IGA Model 1

by Amanda Banks, Tax-News.com, London Members of the Cayman Islands Directors Association (CIDA) have been surveyed on the reporting methods that could be used under the Foreign Account Tax Compliance Act (FATCA) and have voted in favor of Intergovernmental Agreement…

iCrime iLocal News News

Police Vehicle in MV Accident

The RCIPS have confirmed that around 3:45 pm this afternoon (Feb 7) a police vehicle was involved in a  motor vehicular accident in the Frank Sound  area. The police vehicle was hit from behind by the other vehicle involved.  The…

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Stores withdraw bolognese and lasagne after French supplier issues

Two supermarket chains and a frozen food group have withdrawn some beef products from sale after concerns were raised at their French supplier. Comigel alerted Findus UK and Aldi that their products “do not conform to specification”. They advised them…

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The perfect cuppa from Tea Time in Cayman

From Tea Time in Cayman: How to Make the Perfect Cup You are able to master brewing a cup of tea to your own liking by adjusting three factors: water temperature, steeping time and the amount of tea used. Basic…

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Quake off Solomon Islands triggers deadly tsunami

Homes were damaged and at least five people have been reported dead after a tsunami triggered by an undersea earthquake hit the Solomon Islands. The quake, with a magnitude 8.0, struck at 01:12 GMT near the Santa Cruz islands, the…

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Tunisia PM forms new government after assassination

Tunisia is to form a non-partisan government of technocrats to run the country until elections can be held, the prime minister has said. Hamadi Jebali made the announcement at the end of a day that saw a leading opposition figure…

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Body & Soul to dance the night away for CDS and its FREE

The Cayman Drama Society (CDS) will be presenting a “Classic Rock Evening” at the Prospect Playhouse on Saturday 9th February, 2013 from 7:30pm and the admission is FREE!! Did you note that? The admission is FREE!!!! Doors will open at…

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CITA Watersports Members Participate in SCUBAPRO Equipment Service Clinic

As an extremely popular dive destination, the Cayman Islands attract tens of thousands of visiting divers annually. These divers visit Cayman’s white sand shores with the purpose of experiencing the beautiful coral reefs, crystal clear waters and variety of reef…

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Deutsche Bank suspends traders for alleged Libor-rigging

Deutsche Bank has suspended more traders as part of an inquiry into whether staff attempted to manipulate inter-bank interest rates. The BBC understands that five traders, based in Frankfurt, were suspended on Tuesday. Deutsche has been looking into alleged manipulation…